Gold Inches Up, Fed Meeting On The Radar

Precious-Gold inched up on Tuesday trading, after falling near its lowest level since early 2010 on Monday, with investors keeping their eyes on the Federal Reserve meeting that starts today. The yellow metal hit a high of $1098.59 an ounce, while it currently trading at $1095.89, after opening at $1094.78. The Federal Reserve will begin their two-day policy meeting on Tuesday, where investors will wait for any clues about the timing of raising borrowing cost.

from Energy and Metal Commentaries http://ift.tt/1IoBZp7